Question: From Gordon's model, what would be the expected growth rate of the dividend if you know that its price is $30, you estimate that its

From Gordon's model, what would be the expected growth rate of the dividend if you know that its price is $30, you estimate that its next dividend will be $3, and you determine that its discount rate is 13%?

Please choose an answer.

A.$18.18

b. 23%

C.10%

d. 13%

e. 3%

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